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1. Salient Points of Hon. PM's speech:
i) Two new housing schemes for poor.
a) Lower interest rates for urban housing Loans of less than 12lakhs.
b) Lower interest rates for rural house development loans up to 2lakhs.
ii) Farmers get 2 months of interest waiver on select crops.
iii) Rs. 6000/- to be given to every pregnant woman.
iv) FD interest to be min 8% for senior citizens for deposits up to 7.5lakhs.
v) Please use BHIM app.
vi) Loan up to 2 CR with govt guarantee. No 3rd party guarantee required.
vii) Only 6% of total revenue collected digitally will be assumed to be income as compared to present 8%.
2. MCA vide Notification dated 29th December, 2016, has issued an amended rules for Incorporation to make compulsory using of SPICE procedure for Incorporation of Companies wef 1.1.2017.
3. Cash withdrawal limit from ATMs increased to Rs 4,500 per day w.e.f. 1st Jan, 2017. No change in weekly withdrawal limits. RBI circular dated 30.12.16.
i) Two new housing schemes for poor.
a) Lower interest rates for urban housing Loans of less than 12lakhs.
b) Lower interest rates for rural house development loans up to 2lakhs.
ii) Farmers get 2 months of interest waiver on select crops.
iii) Rs. 6000/- to be given to every pregnant woman.
iv) FD interest to be min 8% for senior citizens for deposits up to 7.5lakhs.
v) Please use BHIM app.
vi) Loan up to 2 CR with govt guarantee. No 3rd party guarantee required.
vii) Only 6% of total revenue collected digitally will be assumed to be income as compared to present 8%.
2. MCA vide Notification dated 29th December, 2016, has issued an amended rules for Incorporation to make compulsory using of SPICE procedure for Incorporation of Companies wef 1.1.2017.
3. Cash withdrawal limit from ATMs increased to Rs 4,500 per day w.e.f. 1st Jan, 2017. No change in weekly withdrawal limits. RBI circular dated 30.12.16.